Grocery Outlet (NASDAQ:GO) Releases FY 2026 Earnings Guidance

Grocery Outlet (NASDAQ:GO) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.450-0.550 for the period, compared to the consensus estimate of 0.480. The company issued revenue guidance of $4.6 billion-$4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

Grocery Outlet Stock Up 4.1%

Grocery Outlet stock opened at $10.39 on Friday. Grocery Outlet has a 12 month low of $5.66 and a 12 month high of $19.41. The stock has a fifty day simple moving average of $8.61 and a two-hundred day simple moving average of $8.67. The company has a current ratio of 1.28, a quick ratio of 0.27 and a debt-to-equity ratio of 0.59. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -2.68, a PEG ratio of 15.44 and a beta of 0.64.

Grocery Outlet (NASDAQ:GO) last posted its earnings results on Wednesday, May 13th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Grocery Outlet had a negative net margin of 8.08% and a positive return on equity of 5.69%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.13 EPS. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. Equities analysts predict that Grocery Outlet will post 0.38 EPS for the current fiscal year.

Analyst Ratings Changes

GO has been the subject of a number of research reports. DA Davidson upped their target price on shares of Grocery Outlet from $7.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Weiss Ratings downgraded shares of Grocery Outlet from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, June 23rd. Jefferies Financial Group restated a “hold” rating and issued a $7.00 price objective (down from $18.00) on shares of Grocery Outlet in a research note on Thursday, March 5th. Craig Hallum cut Grocery Outlet from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Finally, Telsey Advisory Group lowered Grocery Outlet from an “outperform” rating to a “market perform” rating and cut their price target for the company from $15.00 to $9.00 in a report on Thursday, March 5th. Eleven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Grocery Outlet presently has a consensus rating of “Reduce” and an average price target of $10.32.

Insider Buying and Selling at Grocery Outlet

In other news, insider Paul Blaine Miller bought 10,000 shares of Grocery Outlet stock in a transaction dated Thursday, June 18th. The shares were purchased at an average cost of $9.37 per share, with a total value of $93,700.00. Following the completion of the acquisition, the insider owned 59,171 shares of the company’s stock, valued at $554,432.27. This trade represents a 20.34% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.50% of the stock is currently owned by insiders.

Institutional Trading of Grocery Outlet

Several hedge funds have recently modified their holdings of GO. Royal Bank of Canada grew its holdings in shares of Grocery Outlet by 5.8% in the first quarter. Royal Bank of Canada now owns 122,565 shares of the company’s stock valued at $1,713,000 after purchasing an additional 6,736 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Grocery Outlet by 14.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 357,856 shares of the company’s stock valued at $5,003,000 after purchasing an additional 44,214 shares in the last quarter. Creative Planning lifted its position in Grocery Outlet by 25.4% during the second quarter. Creative Planning now owns 16,104 shares of the company’s stock valued at $200,000 after purchasing an additional 3,263 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Grocery Outlet by 13.8% during the second quarter. JPMorgan Chase & Co. now owns 220,432 shares of the company’s stock valued at $2,738,000 after purchasing an additional 26,725 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new position in shares of Grocery Outlet in the 2nd quarter worth $149,000. 99.87% of the stock is owned by hedge funds and other institutional investors.

About Grocery Outlet

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.